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Could tokenized stocks create Wall Street’s next “paper crisis”? · Digg

Could tokenized stocks create Wall Street’s next “paper crisis”?

CoinDesk reports that Fairmint’s CEO says the SEC’s proposed transfer-agent overhaul could help fix infrastructure before trade-reconciliation problems emerge on-chain.

TLDR

CoinDesk says the NYSE had to close every Wednesday to reconcile trades 60 years ago. With tokenized stocks booming, the outlet reports that Fairmint’s CEO sees the SEC’s proposed transfer-agent overhaul as a possible way to fix infrastructure before the same problem emerges on-chain.

Combined views

28.3K

1 post, first seen 4h ago

54 likes21 comments5 saves9 reposts

Could tokenized stocks create Wall Street’s next “paper crisis”?

CoinDesk reports that Fairmint’s CEO says the SEC’s proposed transfer-agent overhaul could help fix infrastructure before trade-reconciliation problems emerge on-chain.

TLDR

CoinDesk says the NYSE had to close every Wednesday to reconcile trades 60 years ago. With tokenized stocks booming, the outlet reports that Fairmint’s CEO sees the SEC’s proposed transfer-agent overhaul as a possible way to fix infrastructure before the same problem emerges on-chain.

Posts from X

1 post

CO
CoinDesk@CoinDesk 4 hrs ago
Could the tokenization boom create Wall Street’s next “paper crisis”? 60 years ago, the NYSE had to close every Wednesday just to reconcile trades. Now, as tokenized stocks boom, @fairmint CEO @Joris_DLN says the SEC’s proposed transfer-agent overhaul could help fix the…
- likes: 54
- replies: 21
- bookmarks: 5
- reposts: 9

Combined views

28.3K

1 post, first seen 4h ago

54 likes21 comments5 saves9 reposts

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Source Posts

@CoinDeskCould the tokenization boom create Wall Street’s next “paper crisis”? 60 years ago, the NYSE had to close every Wednesday just to reconcile trades. Now, as tokenized stocks boom, @fairmint CEO @Joris_DLN says the SEC’s proposed transfer-agent overhaul could help fix the infrastructure before the same problem emerges on-chain.

Sentiment

Positive——Negative

Summary

Not enough discussion yet.

No sentiment analysis available yet.

Posts from X

1 post

CO
CoinDesk@CoinDesk 4 hrs ago
Could the tokenization boom create Wall Street’s next “paper crisis”? 60 years ago, the NYSE had to close every Wednesday just to reconcile trades. Now, as tokenized stocks boom, @fairmint CEO @Joris_DLN says the SEC’s proposed transfer-agent overhaul could help fix the…
- likes: 54
- replies: 21
- bookmarks: 5
- reposts: 9

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